Leadership

Executive Committee

Dan Andersen (UT), President (Bio)
Brian Guthrie (TX), President-Elect
Karen Carraher (OH),First Vice President
Erin Leonard (MN), Second Vice President
Trish Bishop (VA), Immediate Past President

Regional Vice Presidents

Tom Lee (NY) - Region I
Jeff Fleck (WV) - Region II
Kerrie Vanden Bosch (MI) - Region III
Robyn Smith (AR) - Region IV
Tracy Guerin (WA) - Region V

Associate Advisory Committee

Larry Langer, Chair (CavMac Consulting) – 2027*
Akio Tagawa (Linea Solutions) - 2027*
Shauna Hewitt (LGIM America) 2026*
Robert Klausner (Klausner, Kaufman, Jensen & Levinson) - 2025*
Tim McClure (Tegrit) - 2025*
Lesley Nettles - 2027*
Joe Newton (Gabriel, Roeder, Smith & Company) - 2026*
Julie Skedd (Baillie Gifford) - 2025*
Frank Sposato (Lazard Asset Management) - 2026*

* Year term expires
 

Typically, the path for a retirement administrator to become NASRA president begins by being elected by his or her region (see map) and serving one, or more, two-year terms as a regional vice president. Then he or she is elected by the full membership to one-year terms as second vice president, first vice president, and president-elect, respectively.

Elected in 1956, W. Frank DeLamar was NASRA's first president. Mr. DeLamar was also the inaugural director of the Employees' Retirement System of Georgia, which was created by an act of the 1949 General Assembly.

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Become A Member

Becoming a member of NASRA offers a unique opportunity to join a community committed to the sound, efficient, and innovative stewardship of public retirement systems. Membership connects you with a network of professionals and experts, providing valuable insights into managing public retirement systems with a focus on sustainability and risk-averse strategies.

By joining NASRA, you gain the tools and resources to enhance the management of public retirement systems, ensuring their long-term success and reliability for generations to come.


 

What's New at NASRA: Public Pension Investment Return Assumption Brief Updated

NASRA’s latest update to standing issue briefs, Public Pension Plan Investment Return Assumptions underscores the critical role the investment return assumption plays in the financial health of public pension plans. Of all actuarial assumptions, it has the greatest impact on plan funding levels and cost. This brief traces how a decade of low interest rates and inflation, beginning in 2009, prompted many plans to reduce their long-term expected returns in line with more modest capital market projections. However, since inflation began rising in early 2021, the trend toward lowering return assumptions has largely paused. While reducing a plan’s assumed return can increase both costs and unfunded liabilities, setting this assumption is a careful, thorough process. It draws on expert input from actuaries and investment professionals and is guided by actuarial standards of practice.